December 6, 2021
admin
The scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of mid cap companies.
The fund has been managed Ankit Agrawal since August 2019. This scheme has NAV of Rs. 187.7774 for the growth option and Rs. 88.8580 for the IDCW option.The fund manager charges 2.08 % for his expenses.
Minimum investment is Rs. 5000 and minimum additional investment is Rs. 1000. SIP option is also available in this fund. Minimum investment in SIP option is Rs. 500. Exit load is 1% for redemption within 364 days.
This fund can be compared to Kotak Emerging Equity Fund, Axis Midcap Fund, Nippon India Growth Fund etc.
The fund manager has also invested in Tube Investments, Shriram Transport Finance, L&T Technology Services, Federal Bank etc. Fund manager has last paid dividend on 15th March 2021 of Rs. 4.0000/unit.
Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.